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2405 Terrace Drive SE, Puyallup, WA, 98372

4beds
3baths
3,434sqft
$854,950
$249price/sqft
$5,515/moest. monthly cost
$220,600/yrincome needed

About This Home

Exceptional Puyallup Valley view property. Thia spacious home offers more than 3400sq ft of living space and sits on a 1/2 acre lot with an additional adjacent 1/2 acre buildable lot included in the sale. A large, covered deck and patio provide generous level outdoor areas on this hillside setting ideal for year -round entertaining, gatherings and gardening. The rambler-style layout with a walkout daylight basement features four bedrooms, expansive living areas on both levels, a sizable library/ office and two storage rooms. The attached two car garage has a shop space in the rear and there is an additional paved parking area alongside that is suitable for an extra vehicle, rv, or boat. Both the home and garage offer convenient walk-up attic storage. Located on a quiet dead -end street, the property provides quick access to commuter routs 512,167, and 410, as well as Puyallup schools, shopping, restaurants, parks, and sounder station. Priced below assessed value, this home offers immediate opportunity in a highly desirable location.

Getting Around

26
WalkingCar-Dependent
0
TransitVery Limited Transit
8
BikeSomewhat Bikeable

Schools

7/10
6/10
7/10
Puyallup High SchoolGrades 10-122.0 mi

Construction

Condition

  • Year built: 1973

Materials

  • Foundation: Poured Concrete
  • Roof: Composition
  • Construction materials: Wood Siding

Notable Dates

  • Major remodel year: 1991

Type & Style

  • Home type: SingleFamily
  • Architectural style: 1 1/2 Stry w/Bsmt
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Refrigerator,Stove(s)/Range(s),Dishwasher(s),Garbage Disposal,Refrigerator(s),Water Heater: electric,Water Heater Location: down stairs furnace room

Basement

  • Has basement: Yes
  • Basement: Daylight,Finished

Bathroom Full

  • Level: Main

Bathroom Full

  • Level: Main

Bathroom Three Quarter

  • Level: Lower

Bedroom

  • Level: Lower

Bedroom

  • Level: Lower

Bedroom

  • Level: Lower

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 2
  • 3/4 bathrooms: 1
  • Main level bathrooms: 2
  • Main level bedrooms: 1

Dining Room

  • Level: Main

Entry Hall

  • Level: Main

Features

  • Bath Off Primary,Ceiling Fan(s),Dining Room
  • Flooring: Hardwood,Laminate,Vinyl,Carpet
  • Number of fireplaces: 1
  • Fireplace features: Electric,Gas,Main Level: 1,Fireplace
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Fireplace,Forced Air,Electric,Natural Gas
  • Cooling features: Forced Air

Interior Area

  • Total structure area: 3,434
  • Total interior livable area: 3,434 sqft

Kitchen Without Eating Space

  • Level: Main

Master Bedroom

  • Level: Main

Rec Room

  • Level: Lower

Utility Room

  • Level: Lower

Property

Details

  • Parcel number: 4805200100
  • Zoning: Puyallup
  • Zoning description: Jurisdiction: City
  • Special condition: Standard
  • Other equipment: Leased Equipment: none

Features

  • Levels: One and One Half
  • Stories: 1
  • Entry location: Main
  • Patio & porch: Bath Off Primary,Ceiling Fan(s),Dining Room,Fireplace,Fireplace (Primary Bedroom),Vaulted Ceiling(s),Water Heater
  • Has view: Yes
  • View description: See Remarks
  • Topography of land: Partial Slope,Steep Slope
  • Residential vegetation: Brush

Lot

  • Lot size: 0.50 Acres
  • Features: Cul-De-Sac,Paved,Patio,Shop
  • Lot size dimensions: 85 x 186 x 65 x 65 x 216

Parking

  • Total spaces: 6
  • Parking features: Driveway,Attached Garage
  • Has garage: Yes
  • Covered spaces: 2
  • Uncovered spaces: 4

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Volcanic Activity
    Volcanic ActivityRelatively High
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Earthquake
Inland Flooding
Volcanic Activity
Heat Wave

FEMA Declared Disasters in Pierce County and Washington

Fire
Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,323$51,876
Home Insurance *$188$2,256
Property Taxes $770$9,240
Electricity $234$2,818
Total$5,515$66,180
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$189,085/yr
40% on housing$165,450/yr
45% on housing$147,066/yr

Washington FAIR Plan Programs

Washington FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 306Commercial: 55
Total Premiums$858,000
Total Exposure$176.33M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.9%
9.9%
0%30.0%
Electricity Growth Rate10-year average: 3.0%
3.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.6%
1.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$249This listing

vs Other Active Listings

Avg $/sqft

ZIP 98372$215
Pierce County$262

vs Homes Sold Last Month

Median $/sqft

ZIP 98372$292
Pierce County$312

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-28Price change$879,950
2026-03-28Price change$899,950
2026-02-13Listed for sale$919,950
1975-01-01Sold$49,500

For Sale by Agent

AgentRobert Labrash
BrokerageBetter Properties Summit

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